The Latvia perfume market is poised for gradual expansion, anticipated to grow by USD 10.6 million with a compound annual growth rate (CAGR) of around 3.5% throughout the 2024 to 2029 forecast period. In Latvia, the perfume market is growing as rising disposable incomes and increased exposure to global beauty and fashion trends drive demand for personal care products. Consumers are becoming more willing to invest in luxury and niche fragrances, particularly among the younger, fashion-conscious demographic. The expansion of online retail platforms is also making it easier for consumers to access both high-end and artisanal perfumes, contributing to the market’s development.
The report provides a comprehensive analysis of the Latvia perfume industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, price range, packaging and distribution channel. The insights gained from this evaluation help reveal the growth potential within the perfume sector.
Market Segmentation
The segmentation of the Latvia perfume market is outlined below:
Product type: men’s perfume, women’s perfume, unisex perfume
Price range: mass, premium
Packaging: glass bottles, plastic bottles, others (crystal, metal, etc.)
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, grocery stores, department stores, health and beauty stores, e-commerce, others
In Latvia, the perfume market is segmented by product type, price range, packaging and distribution channel. By product type, the market includes men’s perfume, women’s perfume, and unisex perfume. Price range segments encompass mass, and premium. Packaging segments cover glass bottles, plastic bottles, and others (crystal, metal, etc.). Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, discounters, grocery stores, department stores, health and beauty stores, e-commerce, and others.
Competitive Landscape
Within the competitive landscape, significant companies profiled in the report include URODA Polska Sp. z o.o., The Shaneel Group, The Procter & Gamble Company (P&G), The Estee Lauder Companies Inc., Shiseido Company Limited, Revlon Inc., PUIG SL, Oriflame Cosmetics S.A., Natura & Co, Mary Kay Inc., LVMH Moet Hennessy Louis Vuitton SA (LVMH), L’Oreal S.A., LA RIVE S.A., Inter Parfums Inc., Hermes International SCA, Faberlic OAO, Euroitalia S.R.L., Dolce & Gabbana S.R.L., Coty Inc., Compagnie Financiere Richemont S.A., Chanel S.A. and Amway Corporation.
This report presents an extensive analysis of major entities in the perfume market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latvia perfume market.
Gain in-depth analysis and forecasts for the key segments of the Latvia perfume market: product type, price range, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latvia perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latvia perfume market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Latvia Perfume Market – Product Type Analysis
Latvia Perfume Market – Price Range Analysis
Latvia Perfume Market – Packaging Analysis
Latvia Perfume Market – Distribution Channel Analysis
Key Players and Market Share
– URODA Polska Sp. z o.o.
– The Shaneel Group
– The Procter & Gamble Company (P&G)
– The Estee Lauder Companies Inc.
– Shiseido Company, Limited
– Revlon, Inc.
– PUIG SL
– Oriflame Cosmetics S.A.
– Natura & Co
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latvia Perfume Market 2019-2029
Chart Latvia Perfume Market, Net Growth, 2019-2029
Chart Latvia Perfume Market, Growth Rates, 2019-2029
Table Latvia Perfume Market by Product Type, 2019-2029
Chart Latvia Perfume Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Latvia Perfume Market by Product Type, 2019-2029
Table Latvia Perfume Market by Price Range, 2019-2029
Chart Latvia Perfume Market by Price Range, CAGR Historic and Forecast, 2019-2029
Chart Latvia Perfume Market by Price Range, 2019-2029
Table Latvia Perfume Market by Packaging, 2019-2029
Chart Latvia Perfume Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Latvia Perfume Market by Packaging, 2019-2029
Table Latvia Perfume Market by Distribution Channel, 2019-2029
Chart Latvia Perfume Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latvia Perfume Market by Distribution Channel, 2019-2029
Table Latvia Perfume Market Share (%), by Companies, 2019-2023
Chart Latvia Perfume Market, by Companies, 2023
Table Latvia Perfume Market Share (%), by Brands, 2019-2023
Chart Latvia Perfume Market, by Brands, 2023
Table Latvia – Population (Millions) and Forecast
Table Latvia – Consumer Price Index (CPI) and Forecast
Table Latvia – Gross Domestic Product and Forecast
Table Latvia Perfume Market: Spend as a Proportion of GDP (%)
Table Latvia Perfume Market: Consumption per Capita (Population)
Companies Mentioned
URODA Polska Sp. z o.o.
The Shaneel Group
The Procter & Gamble Company (P&G)
The Estee Lauder Companies Inc.
Shiseido Company, Limited
Revlon, Inc.
PUIG SL
Oriflame Cosmetics S.A.
Natura & Co
Mary Kay Inc.
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
L’Oreal S.A.
LA RIVE S.A.
Inter Parfums, Inc.
Hermes International SCA
Faberlic OAO
Euroitalia S.R.L.
Dolce & Gabbana S.R.L.
Coty Inc.
Compagnie Financiere Richemont S.A.
Chanel S.A.
Amway Corporation